Rational Advisors LLC acquired a new position in shares of Universal Health Services, Inc. (NYSE:UHS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 17,061 shares of the health services provider’s stock, valued at approximately $1,893,000. Universal Health Services comprises approximately 1.0% of Rational Advisors LLC’s portfolio, making the stock its 20th biggest holding.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Dynamic Technology Lab Private Ltd raised its position in shares of Universal Health Services by 39.2% during the third quarter. Dynamic Technology Lab Private Ltd now owns 6,930 shares of the health services provider’s stock worth $770,000 after acquiring an additional 1,952 shares during the last quarter. Macquarie Group Ltd. raised its position in shares of Universal Health Services by 103.0% during the third quarter. Macquarie Group Ltd. now owns 3,351 shares of the health services provider’s stock worth $371,000 after acquiring an additional 1,700 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Universal Health Services by 15.8% during the third quarter. Russell Investments Group Ltd. now owns 23,066 shares of the health services provider’s stock worth $2,559,000 after acquiring an additional 3,150 shares during the last quarter. Comerica Bank raised its position in shares of Universal Health Services by 7.5% during the third quarter. Comerica Bank now owns 98,370 shares of the health services provider’s stock worth $10,061,000 after acquiring an additional 6,845 shares during the last quarter. Finally, Rhumbline Advisers raised its position in shares of Universal Health Services by 2.6% during the third quarter. Rhumbline Advisers now owns 153,498 shares of the health services provider’s stock worth $17,029,000 after acquiring an additional 3,934 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

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A number of equities analysts have recently issued reports on the company. Piper Jaffray Companies restated a “buy” rating and set a $134.00 price objective on shares of Universal Health Services in a research report on Friday, July 28th. Citigroup Inc. lowered their target price on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating for the company in a report on Wednesday, July 26th. Credit Suisse Group initiated coverage on Universal Health Services in a report on Thursday, November 2nd. They issued an “outperform” rating and a $126.00 target price for the company. Zacks Investment Research downgraded Universal Health Services from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Finally, BMO Capital Markets initiated coverage on Universal Health Services in a report on Monday, October 16th. They issued an “outperform” rating and a $125.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the stock. Universal Health Services has an average rating of “Hold” and an average price target of $126.31.

Shares of Universal Health Services, Inc. (NYSE:UHS) traded down $1.16 during trading on Monday, reaching $97.22. The company’s stock had a trading volume of 688,700 shares, compared to its average volume of 780,044. The firm has a market capitalization of $9,227.05, a PE ratio of 13.00, a PEG ratio of 2.21 and a beta of 0.95. The company has a quick ratio of 1.16, a current ratio of 1.26 and a debt-to-equity ratio of 0.80. Universal Health Services, Inc. has a 12-month low of $95.26 and a 12-month high of $129.74.

Universal Health Services (NYSE:UHS) last announced its earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.76 by ($0.27). The company had revenue of $2.51 billion for the quarter, compared to analysts’ expectations of $2.60 billion. Universal Health Services had a net margin of 6.90% and a return on equity of 15.13%. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.60 EPS. analysts expect that Universal Health Services, Inc. will post 7.36 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.41%. Universal Health Services’s payout ratio is 5.49%.

Universal Health Services declared that its Board of Directors has initiated a stock buyback plan on Wednesday, November 15th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the health services provider to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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